About 26287 Iris Avenue E
Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15661 Lasselle St #84 (APN: 486562031) -- 15611 Lasselle St #21 (APN: 486561023)
Features of 26287 Iris Avenue E
| MLS® # | SB25223169 |
|---|---|
| Price | $2,125,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 2006 |
| Type | Residential Income |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 26287 Iris Avenue E |
|---|---|
| Area | 259 - Moreno Valley |
| Community Type | Condominium |
| City | Moreno Valley |
| County | Riverside |
| State | CA |
| Zip Code | 92555 |
Listing Map
Amenities
| Amenities | Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pet Restrictions, Pets Allowed, Recreation Room |
|---|---|
| Parking Spaces | 10 |
| Parking | Garage |
| # of Garages | 10 |
| Garages | Garage |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Association |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 15th, 2025 |
|---|---|
| Days on Market | 23 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 22476 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Michael Padilla |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |